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Buying a Car Over ₹10 Lakhs? Don’t Forget the Hidden 1% TCS Cost

Introduction When a big purchase like a car is on the horizon, most of us research models, compare mileage versus luxury, check loan EMIs, and ...

Buying a Car Over ₹10 Lakhs? Don’t Forget the Hidden 1% TCS Cost

Inability to Amend Pending Export Invoices due to GST-ICEGATE Portal Mismatch: Gujarat HC Directs...

CENVAT Credit Admissible on Services Used for Setting up and Administering First Aid in Factory:...

Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT...

Rajasthan HC Directs Income Tax Dept to Refund Rs. 24.06 Lakh with 12% Interest for Withholding...

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Inability to Amend Pending Export Invoices due to GST-ICEGATE Portal Mismatch: Gujarat HC Directs Customs to Re-verify [Read Order]

Delhi HC Permits GST Dept. to Examine Advocate’s Seized CPU Under Strict Conditions, Protects Attorney-Client Privilege [Read Order]

Muthoot Finance Receives ₹1.91 Crore GST Demand and Penalty for Alleged Wrongful ITC Claims

ITC cannot Be Denied Merely Because Supplier’s Suppliers Defaulted: Allahabad HC [Read Order]

GST Portal SCN Glitch: Delhi HC Sets Aside ₹3.16 Crore Demand, Allows PSU to File Reply and Attend Personal Hearing [Read Order]

Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]

Rajasthan HC Directs Income Tax Dept to Refund Rs. 24.06 Lakh with 12% Interest for Withholding...

Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read...

‘Service Unavailable’: Income Tax Portal Crashes Ahead of Deadline, Will CBDT Announce Extension?

Depreciation on Goodwill Arising from Amalgamation Valid: ITAT Clarifies Prospective Effect of...

Setback for Pondicherry Engineering College: CESTAT Upholds Service Tax on Technical Testing & Analysis Services, Penalty Waived [Read Order]

Relief to Confident Projects: Supreme Court dismisses Dept’s appeal against CESTAT Ruling quashing Service tax on Construction of Complex Services for Lack of Merits [Read Judgement]

Cenvat Credit Admissible on Service Tax Paid on "Manpower Supply Service”, Qualify as Input Service: CESTAT [Read Order]

Liability to Pay Service Tax under Reverse Charge for Foreign Services: CESTAT Rules No Liability Post 1st July 2012 [Read Order]

CENVAT Credit on Sub-Contractor’s Services Denied as Not Input for Cement Manufacture: CESTAT Upholds Service Tax Demand on Mining Services [Read Order]

CENVAT Credit Admissible on Services Used for Setting up and Administering First Aid in Factory: CESTAT [Read Order]

CENVAT Credit Admissible Once Service Tax is Paid and Supported by Valid Invoice, Irrespective of Whether Paid by Provider or Recipient: CESTAT [Read Order]

Remuneration Paid to Directors is in Nature of Salary, Excluded from Service Definition: CESTAT [Read Order]

Delhi HC Orders Customs to Refund ₹19.22 Lakh with 6% Interest as Gold already Disposed Before OIO [Read Order]

Customs Duty Drawback Fraud: Delhi HC Allows Appeal on 'Beneficial Owner' Applicability with Pre-deposit Adjustment [Read Order]

Relief to JSW Steel: CESTAT Orders Cash Refund of ₹45.54 Lakh CVD & SAD Paid Post-GST Implementation [Read Order]

Customs Dept. Cannot Deny Import Duty Exemption Made under Valid DFRC/DFIA Licences but Later Cancelled by DGFT: CESTAT [Read Order]

NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]

NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt...

Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC...

Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court...

MCA Reminder for OPCs: File Form AOC-4 Before this Due Date

SEBI Eases Compliance for FPIs Investing Only in Government Securities [Read Circular]

SEBI Revises Angel Fund Regulations: Accredited Investors Made Mandatory, Investment Capped at Rs....

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Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

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NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]

NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt...

Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC...

Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court...

MCA Reminder for OPCs: File Form AOC-4 Before this Due Date

Buying a Car Over ₹10 Lakhs? Don’t Forget the Hidden 1% TCS Cost

Double Taxation Not Permissible: Andhra Pradesh HC Quashes Parallel GST Assessments Against ID Fresh Food [Read Order]

Finance Ministry Deputy Secretary Navjot Singh Dies in BMW Crash

Vehicle Intercepted for Non-Possession of E-Invoice: Madras HC Holds Timely Manual Appeal Valid, Directs Appellate Authority to Decide with Additional Evidence [Read Order]

Gold Smuggling Penalty on 19-Year-Old Taekwondo Player :Delhi HC Sets Aside ₹2 Lakh Fine Citing Age and Coach’s Influence [Read Order]

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